West Cook News

Village of Franklin Park Police Pension Fund Board of Trustees met July 22

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a. April 22, 2025 Regular Meeting

b. Semi-Annual Review of Closed Session Meeting Minutes

5. Accountant’s Report – Lauterbach & Amen

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Discussion/Possible Action – Cash Management

d. Additional Bills, if any

6. Applications for Retirement/Disability Benefits

7. Applications for Membership/Withdrawals from Fund

a. Applications for Membership – Kyle Parker and Jeffrey Guzman

8. Communications and Reports

a. Affidavits of Continued Eligibility

b. Legal Updates

9. Old Business

a. Review/Update – IPOPIF Resolution for Authorized Agents and Account Representatives

10. New Business

a. Review Preliminary Actuarial Valuation

b. IDOI Annual Statement

c. Review/Approve – Fiduciary Liability Insurance Renewal

d. Board Officer Elections – President, Vice President, Secretary and Assistant Secretary

e. FOIA Officer and OMA Designee

11. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

12. Investment Reports

a. IPOPIF – Verus Advisory, Inc.

i. State Street Statement(s)

13. Closed Session, if needed

14. Adjournment

https://www.villageoffranklinpark.com/assets/1/7/2025_07_22_Police_Pension_Agenda.pdf